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Kanye West Says No to $2 Million Crypto Scam Proposal

American rapper Kanye West revealed that crooks offered him $ 2 million to promote a play of fraudulent memes bearing his name.

The revelation comes in the middle of speculations according to which he explores the cryptography industry and seeks links with the CEO of Coinbase, Brian Armstrong.

The revelation of the crypto of Kanye West raises questions about the celebrity mentions

West said that an unknown party was approaching him with a lucrative offer to mislead his audience.

According to his post, the proposed agreement included an initial payment of $ 750,000, the remaining $ 1.25 million scheduled to release 16 hours after promoting the token.

The agreement also required that the promotional post remains live for at least eight hours before being able to delete it. To cover approval, the crooks suggested that he later said that his account had been hacked.

The final message of fraudsters admitted that their plan was to steal “tens of millions of dollars” from the public.

Kanye West Crypto scam proposal.
Crypto proposal for the Kanye West scam. Source: X / Kanye West

However, West rejected the agreement because it had no interest in deceiving his disciples. The rapper also added that his net value is back at 2.77 billion dollars, and he made it without approving any cryptocurrency.

“I was offered $ 2 million to defraud my community – which remained. I said no and I stopped working with their person who offered it, “said West.

After his public rejection of the scam, West shared another screenshot of a private conversation where he looked for advice to a reliable figure in the cryptography industry. A suggestion indicated it to the CEO of Coinbase, Brian Armstrong.

Celebrity mentions have lost credibility

Meanwhile, West’s revelation has raised concerns about similar incidents involving large -scale accounts on X. Over the years, several celebrities and influencers have reported hacks that have led to the promotion of doubtful crypto projects.

Some people think that these so-called hacks may not always be authentic, which suggests that some influencers can readily participate in these programs.

“You tell me to all the major accounts that become” hacked “and publish a same in recent months are false?” Influencer of crypto, interviewed, questioned.

Meanwhile, the blockchain security expert Yu Xian, founder of Slowmist, confirmed that these types of scams were widespread. He noted that although compromised accounts are often used for fraudulent promotions, crooks also directly address influencers with financial incentives.

“I think this kind of scam exists. The crooks get a big [influencer] To act in the program, display a CA and 8 hours later, the big [influencer] Tweets that they were hacked. But with an early reimbursement of $ 750,000, is it also intense? Xian wrote.

Overall, the pieces even paired by celebrities are very questionable on the current market. The ease of stealing millions with a simple carpet traction could be too lucrative for certain celebrities to ignore.

Users must remain cautious and do not take any celebrity approval as a seal of trust or credibility.

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In membership of the Trust project guidelines, Beincrypto has embarked on transparent impartial reports. This press article aims to provide precise and timely information. However, readers are invited to check the facts independently and consult a professional before making decisions according to this content. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.

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